SOURCE: MELODIS

November 18, 2008 07:15 ET

MELODIS Appoints Richard Geruson to Its Board of Directors After Successfully Completing Series B Funding

Former VoiceSignal CEO Brings International Business Development Expertise to the Sound Recognition Innovator

SAN JOSE, CA--(Marketwire - November 18, 2008) - Pioneering search and sound recognition company MELODIS Corporation today announced that it has appointed Richard Geruson to its board of directors. Geruson brings international business development expertise to the startup company, having served as CEO of VoiceSignal, the world leader in voice-enabled mobile search and other mobile voice solutions, prior to its acquisition by Nuance. He joins MELODIS at the completion of the company's successful Series B round of funding, which brought total funds raised to date to $12 million.

"MELODIS is pioneering the next generation of voice-enabled search technology, and is first to market with a unique application that allows mobile phone users to discover music by singing or humming, as well as by speaking, typing or playing original music sources into their phones," said Geruson. "I am delighted to be joining the board of a company that has shown remarkable ingenuity in taking sound recognition technology to an entirely new level in less than three years."

"Rich already has a proven track record of successfully monetizing sound recognition technology for mobile phones, so he understands the path MELODIS must follow," said Keyvan Mohajer, president and chief executive officer of MELODIS Corporation. "His technological expertise, industry insight, and experience partnering with global carriers and device manufacturers will make him a tremendous asset to the MELODIS board."

Within four years of his arrival at VoiceSignal, Geruson increased shareholder value more than tenfold, which resulted in the business selling for a multiple of more than 12 times its revenue. Prior to VoiceSignal, Geruson was senior vice president at Nokia Mobile Phones in the Americas, where he grew the business to $6.5 billion and tripled the company's market share within five years. This growth made Nokia the number one mobile phone company in the world.

As one of IBM's youngest vice presidents, Geruson developed and launched the company's first worldwide distribution channels for networking products. While serving as vice president at Toshiba Americas, Geruson doubled the company's market share in the mobile PC segment, achieving the number one ranking in less than four years.

Geruson has earned three graduate degrees from Oxford University, including a doctorate. He has also been a member of the research faculty at Harvard Business School, where he wrote the well-regarded book used in business school courses around the world, "A Theory of Market Strategy."

About MELODIS Corporation

MELODIS Corporation is pioneering the next generation of search and sound recognition technologies for the Internet, mobility, home entertainment, and more. With the launch of midomi mobile and www.midomi.com, MELODIS introduced the world's most comprehensive music search technology, which allows users to discover music by singing or humming, speaking, typing or playing original music sources into their mobile phones. By combining these search capabilities with social networking features, user-generated content and digital content distribution, MELODIS has created a thriving online community for music lovers worldwide, as well as the world's largest database of searchable music.

Incorporated in September 2005 and headquartered in San Jose, California, MELODIS is backed by leading Silicon Valley investors, including Global Catalyst Partners, TransLink Capital, and JAIC America. For more information, visit www.melodis.com.

Contact Information

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